Bill 120, Securing Pension Benefits Now and for the Future Act, 2010 was passed at second reading in the Ontario legislature
Pensions and Retirement Security
Liberals to call for a voluntary supplemental pension plan
CPP is the envy of the world: it’s secure, funded on a sound basis and well managed by professional staff independent of government.
Ontario Court of Appeal upheld that the government had the legal authority to take the surplus when it passed Bill C-78 in 2000.
Decision fails to set an absolute precedent as the court rules future legal actions of this kind should be treated on a case-by-case basis.
Increasing percentage of mutual fund voting power is being exercised to vote against management
"It is time to fix the problems of workplace pension plans for Canadians."
Toronto (27 September 2010) – The joint federal-provincial pension reform process is not moving fast enough slowly and should include a national forum of regulators and stakeholders, according to a study released last week from the C.D. Howe Institute in Toronto.
This marks four consecutive quarters of growth in pension fund assets
“Ontario teachers support the fight for public water services in the province and teach their students about the urgent need to support the right to water around the world.”
"The BP oil crisis has highlighted the significant financial risks presented by deepwater drilling and, as a fiduciary, we must be concerned about the possibility of future accidents and try to find ways to mitigate these risks."